Written question asked by Hannah Bardell (Scottish National Party) on Friday, 8 April 2016, in the House of Commons. It was due for an answer on Tuesday, 12 April 2016. It was answered by Greg Hands (Conservative) on Wednesday, 13 April 2016 on behalf of the Treasury.
Students: Loans
- Question
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To ask Mr Chancellor of the Exchequer, what discussions he has had with his counterparts in the devolved administrations on the Government's change to the discount rate applied to student loans.
- Answer
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The Department for Business, Innovation and Skills (BIS) applies HM Treasury’s long term discount rate to calculate the carrying value of English student loans shown in the BIS financial statements.
Loans issued by devolved administrations are shown in their respective financial statements. The accounting treatment and discount rates applied are a matter for them.
HM Treasury is always open to discussion with the devolved administrations about such matters.
Secondary information
- Type
- Written question
- Reference
- 33215
- Session
- 2015-16
- Grouped for answer
- Yes
- Subjects
- Devolution Interest rates Loans Students
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2016-07-05 19:54:08 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2015-16/33215
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- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2015-16/33215
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